The Case for Lunar Property Rights

longacre writes "Who owns the moon? In a thought provoking piece, Instapundit blogger/law professor Glenn Reynolds gives us a brief history of earthlings' discourse on lunar property rights, a topic which has stagnated since the 1979 Moon Treaty. Is it possible to claim good title on land that is not under the dominion of a nation? He goes on to plead his case for the creation of lunar real estate legislation. From the article: 'Property rights attract private capital and, with government space programs stagnating, a lunar land rush may be just what we need to get things going again.'"

Comments

Re:Possession is nine tenths of the law.

[yada21]

Developers place bids (cash and project proposals) to develop the property and written into the contract is the requirement to meet those proposals.

Sound's an awful lot like communism to me. Why can't we learn the sesson how we tried government meddling in the free market on earth and see where that ended up. Its depressing that the first thing we want to do in space is set up soviet styled collective's.